Netflix promises 45-day theatrical window for Warner Bros. films

Netflix has pledged a 45-day theatrical release window for Warner Bros. movies as part of its bid to acquire the studio, amid ongoing tensions with Paramount. This commitment came during a Senate Judiciary Antitrust Subcommittee hearing, marking a shift from the streamer's earlier dismissal of theaters as outdated. However, industry leaders question the details and implications of this promise.

The dispute over Warner Bros. Studios intensified recently, with Netflix and Paramount exchanging sharp rhetoric about ownership. On February 3, 2026, representatives from Netflix and Warner Bros. appeared before the Senate Judiciary Antitrust Subcommittee in Washington, D.C., to argue in favor of the proposed Netflix acquisition. Although Congress lacks direct approval power, its input can influence such mergers.

During the hearing, Netflix stated, “We will put Warner Bros. movies in theaters with 45-day windows.” This represents a notable change for the company, which just months prior had labeled movie theaters as “outdated.” Observers suggest the pledge aims to garner support for the deal and acknowledges that theatrical starts boost performance on streaming platforms.

Yet, significant uncertainties remain. Netflix has not specified the annual number of Warner Bros. films, how many would receive wide releases in 2,000 or more locations, or the volume of straight-to-streaming productions and their effect on theatrical resources. Promotion remains unaddressed: Will Netflix fund robust “Only in Theaters” marketing campaigns?

The true scope of the 45-day window is also unclear. It could mean films move straight from theaters to Netflix's subscription video-on-demand (SVOD) service, bypassing premium video-on-demand (PVOD). Exhibition experts warn that such a short path would harm the industry, contrasting with the current average SVOD window of 102 days for wide releases. Shorter windows have already pressured theaters.

Michael O’Leary, president and CEO of Cinema United—which represents over 31,000 screens in the U.S. and 30,000 more in 80 countries—emphasizes that these gaps in information are as telling as the promises made. He prefers Warner Bros. remain independent, benefiting theaters and film lovers, but urges clarity if a sale proceeds.

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Illustration of Netflix's $82.7 billion acquisition of Warner Bros., featuring executives sealing the deal amid symbols of streaming merger and cinema uncertainty.
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Netflix acquires Warner Bros. in $82.7 billion deal

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Netflix has secured a deal to buy Warner Bros. for $82.7 billion, reshaping the entertainment industry and raising questions about the future of HBO's linear service and theatrical releases. The acquisition, which still requires regulatory approval, promises to integrate HBO Max as a separate entity initially but could eventually fold it into Netflix. Industry observers worry about the impact on premium cable and cinema exhibition.

Cinema United has urged Congress to scrutinize the potential sale of Warner Bros., warning that a deal with Netflix or Paramount could devastate the movie theater industry. The trade group argues the acquisition would lead to fewer films, theater closures, and widespread job losses. In a letter to lawmakers, they highlighted Netflix's hostility toward theatrical releases and the broader economic fallout.

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Netflix has agreed to buy Warner Bros. Discovery's streaming and movie studios business for an enterprise value of $82.7 billion, following a bidding war. The deal, pending regulatory and shareholder approvals, will combine Netflix's 301.63 million subscribers with Warner Bros. Discovery's 128 million. It promises cost savings and broader content access but raises concerns over market consolidation and impacts on theaters.

Sony Pictures Entertainment and Netflix have signed a new multi-year pay-1 licensing agreement, granting the streamer global rights to Sony's feature films after their theatrical and home entertainment windows. The deal, which builds on their 2021 U.S.-focused partnership, will roll out gradually starting later in 2026 and achieve full worldwide availability by early 2029. Financial terms remain undisclosed, but it surpasses the previous $2.5 billion arrangement in value.

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Warner Bros is positioning itself as a strong contender in the 2026 Oscars race with films like Sinners and One Battle After Another, despite ongoing corporate acquisition turmoil. The studio's internal chaos may paradoxically boost its awards prospects, drawing parallels to past studio successes during upheaval. Netflix's Frankenstein remains a rival, but Warner's theatrical focus gives it an edge.

Several James Bond movies will arrive on Netflix starting January 15 as part of an unexpected licensing agreement with Amazon MGM Studios. The deal includes recent entries like 'Skyfall' and 'No Time to Die,' available for three months in multiple territories. This move aims to broaden the franchise's global reach amid anticipation for the next Bond installment.

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Netflix has outlined its upcoming content additions for the week of January 12 to 18, 2026. The schedule includes a selection of new TV shows and movies set to premiere on the streaming platform. This update provides viewers with a preview of fresh entertainment options arriving soon.

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